Wholesale pot prices plummet. Now there starting to get better

[Hydrosun]

Note to self, renew passport.

 

[NorC@liGrower]

So... how many years till this all bottoms out?

I don't see then end in sight yet. Have no idea when this market may level off and think it's a ways away.

 

[burns1n209]

http://www.npr.org/blogs/money/2013/05/22/185832919/go-east-young-marijuana-dealer?sc=tw

Interesting NPR story about Cali bud getting shipped out of state.

Lol.. about half way down the comments there is a post that says "https://www.icmag.com/ic/ All the knowledge you need, with plenty of helpful and knowledgeable people to ask if you have problems. You're welcome!" by an unknown person getting the word out

 

[amannamedtruth]

Lol.. about half way down the comments there is a post that says "https://www.icmag.com/ic/ All the knowledge you need, with plenty of helpful and knowledgeable people to ask if you have problems. You're welcome!" by an unknown person getting the word out

well thats just great....hhmmff

 

[NorC@liGrower]

Pounds of premature indoors going for 15k in Tokyo Japan..retail 30k after breakdown lol...showed some smokers pictures from the outdoor Cali thread and jacks warehouse and blew their mind...especially when they heard u can get good stuff for 2k out here

If you don't think the Yakuza have got that wired by now in their backyard then dream on. Met someone about 10 years ago and had a set of golden chrysanthemum pins. Unfortunately Japan refused him entry once he landed again because of a minor US canna 'crime'. Those pins gave him a free ride once. Good luck in Japan

 

[Brain]

So... how many years till this all bottoms out?

That's the big question. Legalization depending how legal it actually is will not change the countries thirst for good buds. Any regulations that legalization brings will be brushed off by most growers I know.
Who the fuck here is gonna stop growing because they can't afford a permit?
Lets not forget that this used to be and in a lot of ways still is illegal. Is that stopping anybody?
Regulation means taxes. Taxes inflate price. Bootleggers will come in right under that price.
You can not regulate when there is a thriving black market
How much does it cost you to produce a pound? $400-$600? Once property and infrastructure are paid for then what does that number look like? I'm building greenhouses now so I don't get bottomed out later. Like somebody mentioned with the indoor equipment fire sales. Some people have already been washed out.

Currently I'm see the norcal market the same as last year. That is a bottom out? No? I do expect it to drop but only with major changes in the law here and in other states.

 

[Gerardbutler79]

I feel like The sudden surge in people that began growing only meant there was also a sudden surge in people selling shitty genetics and watering the entire gene pool down. It seemed when less people were growing 8-10 years ago it was actually easier for me to get better genetics as there werent as many around. Look at all the ogs of today. there's so many that tracking down that dank ass SFV or Tahoe or larry is a pain in the ass. Only once I started messing with people that shared the same passion for my line of work did I begin to have access to a whole "upper echelon" of genetics. Finding those people is hard but thankfully if you know where to look its alot easier.

This ought to be a sticky on every cannabis forum online. lol

 

[Yes4Prop215]

Who the fuck here is gonna stop growing because they can't afford a permit?
You can not regulate when there is a thriving black market
How much does it cost you to produce a pound? $400-$600? Once property and infrastructure are paid for then what does that number look like?

Currently I'm see the norcal market the same as last year. That is a bottom out? No? I do expect it to drop but only with major changes in the law here and in other states.

valid point, i do feel that legal pot will be over-taxed and that will always create wiggle room for cheaper black market pot, only way that changes is if they allow open outdoor farming that will drastically increase supply and crash legal prices....everytime i drive through norcal's vineyards and orchards im reminded that there are MANY very experianced farming folks in our state and if they could grow legal pot they would probably be more capable than your average grower with 5 acres and a well....they already own most of the fertile AG zoned farmland in CA, they already have important infastructure in place like processing plants, distribution, farm management teams to grow crops etc etc

If you don't think the Yakuza have got that wired by now in their backyard then dream on. Met someone about 10 years ago and had a set of golden chrysanthemum pins. Unfortunately Japan refused him entry once he landed again because of a minor US canna 'crime'. Those pins gave him a free ride once. Good luck in Japan

i agree with you for most part but most of them are into other cleaner rackets, pot is small time and dirty, their definately waxing points here and there but most of the dirty work is done by small timers and independent folks..but yeah some gaijin showin up with even 1lb of herb will attract bad attention...then you might end up in a dark room in kabuki-cho lol... but in my experience its not yaks involved in small time pot shit mostly independent folks and gutsy foreigners...the pot crowd is surprisingly small over there meth and X are more common...people in japan gotta hide indoors and smoke on the low-low..but this threat aint about japan so il just leave it at that. i guess my point is that if youre hurting for cash in a post-legal market crash scenario, you can always smuggle hash or X into any asian country and make a killing! (or be killed...)

 

[NorC@liGrower]

valid point, i do feel that legal pot will be over-taxed and that will always create wiggle room for cheaper black market pot, only way that changes is if they allow open outdoor farming that will drastically increase supply and crash legal prices....everytime i drive through norcal's vineyards and orchards im reminded that there are MANY very experianced farming folks in our state and if they could grow legal pot they would probably be more capable than your average grower with 5 acres and a well....they already own most of the fertile AG zoned farmland in CA, they already have important infastructure in place like processing plants, distribution, farm management teams to grow crops etc etc

i agree with you for most part but most of them are into other cleaner rackets, pot is small time and dirty, their definately waxing points here and there but most of the dirty work is done by small timers and independent folks..but yeah some gaijin showin up with even 1lb of herb will attract bad attention...then you might end up in a dark room in kabuki-cho lol... but in my experience its not yaks involved in small time pot shit mostly independent folks and gutsy foreigners...the pot crowd is surprisingly small over there meth and X are more common...people in japan gotta hide indoors and smoke on the low-low..but this threat aint about japan so il just leave it at that. i guess my point is that if youre hurting for cash in a post-legal market crash scenario, you can always smuggle hash or X into any asian country and make a killing! (or be killed...)

If you're not getting it done in your backyard then dream on.

 

[mojave green]

this oughta bring prices back up!
http://www.thedailychronic.net/2012/9470/us-attorney-threatens-california-medical-marijuana-farmers/

 

[Green lung]

this oughta bring prices back up!
http://www.thedailychronic.net/2012/9470/us-attorney-threatens-california-medical-marijuana-farmers/

whatever works dude

 

[Brain]

It's all talk until they do something. I love the 3rd gen farmers quote's at the bottom.

 

[Z-ro]

That was an article from last year. It clearly didnt effect prices or grower mentality for going huge.

 

[mojave green]

gray market prices seem very difficult to apply simple supply and demand economics too.

 

[NorC@liGrower]

gray market prices seem very difficult to apply simple supply and demand economics too.

It will be very interesting to see, if it ever happens, to the price of cannabis when it can be grown as openly and freely as tomatoes.

 

[minds_I]

Hello all,

Let it grow, let it grow, let it grow.

minds_I

 

[NorC@liGrower]

Hello all,

Let it grow, let it grow, let it grow.

minds_I

Fileds of ganja as far as the eye could see is what I would like to wake up to one day.

 

[minds_I]

Hello all,

And not just the smoking kind...the food, clothing and industrial applications of hemp are very high...pardon the pun

minds_I

 

[ak-51]

It will be very interesting to see, if it ever happens, to the price of cannabis when it can be grown as openly and freely as tomatoes.

The market will resemble every other commodity crop. Cost to the consumer will plummet, profit margins for the producer will plummet, variety will plummet but availability will skyrocket.

Market concentration will go up, meaning that the total number of firms will decrease greatly. Eventually it will probably become an oligopoly, where only a few firms have most of the market.

Most marijuana smokers are not real aficionados. To them strains with similar THC content are interchangeable, and the market will adapt to this.

 

[oldchuck]

Hmm. Seems like a good argument for keeping it illegal?